A major shareholder advisory firm has recommended shareholders of Transatlantic Holdings vote against its proposed merger with Allied World Assurance.

Regardless of which premium tax-sharing agreement is used to implement the federal surplus-lines reform law, it may not be around in the long run, says Richard Bouhan, executive director of the National Association of Professional Surplus Lines Offices.

As many of you know, Susanne Sclafane has left National Underwriter. As we move on, I will be putting together Specialty Markets Insight, writing often about excess and surplus/specialty lines.

As many of you know, Susanne Sclafane has left National Underwriter. As we move on, I will be putting together Specialty Markets Insight, writing often about excess and surplus/specialty lines.

ACE Ltd. says it is buying Penn Millers Holding Corp. for $107 million in cash to complement its current agricultural-market presence.

Markel American Insurance Co. and American Marine Insurance Services have launched Zero Deductible, a program that allows policyholders to eliminate deductible risk on auto, home and boat policies.

Nearly two dozen insurers in Connecticut have agreed to waive hurricane deductibles for property owners following the losses caused by Hurricane Irene last month.

Nearly two dozen insurers in Connecticut have agreed to waive hurricane deductibles for property owners following the losses caused by Hurricane Irene last month.